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What is social capital?

Social capital could be thought of as the
operating platform
for any community; place, practice or profession.

Social capital is the network of relationships which exist in any given group or community. The quantity and quality of these relationships provide the basis for the group's opportunities to collaborate effectively for mutually beneficial outcomes. However, as an intangible asset social capital is often overlooked and therefore left untapped as a valuable asset and unused as a strategic tool.

As an intangible asset social capital is often overlooked when it comes to measuring, monitoring and managing social change. However, it is nonetheless a critical factor in all we do. A common expression which highlights the importance of social capital is